[Adopted 5-24-1999 by L.L. No. 3-1999 (Ch.
82, Art. V, of the 1988 Code)]
This article shall be known as "Local Law No.
3 of the Year 1999," entitled the "Local Local to Provide Partial
Disability Exemptions."
The purpose of this article is to provide partial
exemptions from real property taxes to persons with disabilities who
have limited income.
A.
This article is adopted pursuant to the authority
of Real Property Tax Law § 459-c. All definitions, terms
and conditions of such statute shall apply to this article.
B.
Real property owned by a person with disabilities
whose income is limited by such disabilities, and used as the legal
residence of such person, shall be entitled to a partial exemption
from taxation to the extent of a maximum of 50% of assessed valuation
in accordance with the following schedule:
[Amended 2-25-2008 by L.L. No. 2-2008]
|
Annual Income
|
Percentage of Assessed Valuation Exempt
From Taxation
| |
|---|---|---|
|
Up to and including $26,000
|
50%
| |
|
More than $26,000 but less than $27,000
|
45%
| |
|
$27,000 or more but less than $28,000
|
40%
| |
|
$28,000 or more but less than $29,000
|
35%
| |
|
$29,000 or more but less than $29,900
|
30%
| |
|
$29,900 or more but less than $30,800
|
25%
| |
|
$30,800 or more but less than $31,700
|
20%
| |
|
$31,700 or more but less than $32,600
|
15%
| |
|
$32,600 or more but less than $33,500
|
10%
| |
|
$33,500 or more but less than $34,400
|
5%
| |
|
More than $34,400
|
0%
|
C.
Applications for exemptions provided in accordance
with this article shall be made in the manner prescribed by § 459-c
of the Real Property Tax Law of the State of New York.
